*** Genting Singapore Reports ***

daniel888

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daniel888

注: 请不要回应这篇文章, 否则帖子太长读者会乱!

daniel888

注: 请不要回应这篇文章, 否则帖子太长读者会乱!

daniel888

注: 请不要回应这篇文章, 否则帖子太长读者会乱!

daniel888

注: 请不要回应这篇文章, 否则帖子太长读者会乱!

daniel888

注: 请不要回应这篇文章, 否则帖子太长读者会乱!

daniel888

注: 请不要回应这篇文章, 否则帖子太长读者会乱!

daniel888

注: 请不要回应这篇文章, 否则帖子太长读者会乱!

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DJ MARKET TALK: Genting Singapore's Refinancing May Help Shares

10/12/2010 08:20 - 0019 GMT [Dow Jones] Genting Singapore (G13.SG) may inch up as it seeks to refinance S$4.19 billion of loans on more flexible terms. The loans were obtained in 2008 to build Resorts World Sentosa, and will now be refinanced under new terms described by Genting as less restrictive. 5 banks are involved in providing a 7-year syndicated loan, with rates at 1.6% for the first 3 months, then based on the SGD swap offer rate plus 1.2% to 1.6%, depending on Resorts World's debt-to-EBITDA ratio. The refinancing is timely, allowing Genting to tap on current low interest rates, which should help lower its finance costs. 3Q10 finance expenses were S$53.3 million vs S$42.6 million in 2Q10 and S$9.4 million in 3Q09. Still, the near-term catalyst hinges on 4Q10 profitability, as any sequential decline could weigh. The stock closed +0.9% at S$2.20 yesterday. Resistance eyed at S$2.26 (Nov. 11 low). (frankie.ho@dowjones.com)

daniel888

DJ MARKET TALK: Genting Singapore May Consider Dividends - Citi

10/12/2010 14:29 - 0628 GMT [Dow Jones] Genting Singapore (G13.SG) could be considering paying dividends as it is refinancing its S$4.19 billion debt, says Citigroup, which has a Buy call with a S$2.75 target. According to Genting, the 7-year syndicated loan from 5 banks will give it more flexibility in using the funds. "With the covenant of the existing debt, Genting Singapore is restricted from (paying dividends) until the group starts repaying its loan," Citigroup says. Notes Genting currently pays SGD swap offer rate plus 1.75%, but will pay 1.6% for the first 3 months and swap offer rate plus 1.2%-1.6% under the new facility. The existing loan was taken in 2008 to build Resorts World Sentosa. While the refinancing is positive, investors are hardly swayed, with shares down 1.4% at S$2.17 after a sustained rise over the past 7 sessions. Support is tipped at the 10-day moving average, last at S$2.10. (frankie.ho@dowjones.com)

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DJ MARKET TALK: Genting Poised For Roaring Start To 2011-AmFraser
Dow Jones Newswires | 30 Dec 2010 11:59am
  
0400 GMT [Dow Jones] Genting Singapore (G13.SG) is off 0.5% at S$2.19, giving back some of the 4.8% gains made over the last 3 sessions. But the stock, a regular suspect in the most actives line up, doesn't feature today, indicating selling strength is not heavy. After recent gains, AmFraser's Najeeb Jarhom says the counter is "poised for roaring start to 2011." He notes Tuesday's minor breakout has reclaimed part of S$2.17-S$2.35 range of late October to mid-November; while Genting's usual strength in the first part of each new month "augur well for a test of higher end of this 18-cent band" early in the new year. He adds that if the stock can defend S$2.17-S$2.18 as support, a 30 cent-40 cent range in January throws up a potential new high of S$2.50-S$2.60. "But even if it eases back to the strong S$2.11-S$2.14 support, we could see the stock hitting around S$2.40-S$2.45. (matthew.allen@dowjones.com)